Varonis Systems to be bought by Proofpoint in $6.3 billion deal

The deal is expected to close in the first half of 2027, according to a statement from Varonis. The company’s co-founder and CEO, Yaki Faitelson, said that Varonis’ mission is to secure AI and the data that powers it. The acquisition is expected to expand Proofpoint’s capabilities in the cybersecurity market.